Business & Industry News
Latest business & industry news and updates

Zhongwei Direct Green Power Model Attracts Data Center Investments
Direct renewable power lines in Ningxia reduce energy losses and operating costs, drawing 188.5 billion yuan in data infrastructure deals.

China EV Charging Connectors Top 23 Million as Network Expands
National Energy Administration data shows a 43.2% year-on-year increase in total EV charging infrastructure by June 2026.

Xiaomi Clarifies Strategic DRAM Investment Gains After ChangXin IPO
An executive responds after media calculated floating profits for Lei Jun following ChangXin Technology's debut on Shanghai's tech board.

China-Europe Railway Express Tops 130,000 Trips and $520 Billion in Goods
NDRC data highlights a decade of growth as Eurasian rail freight transforms into a core trade channel for Chinese manufacturers.

China Fixed Asset Investment Down 5.7% in H1 2026 as Real Estate Slump Persists
Official data highlights an 18% fall in real estate development and a drop in private investment, even as high-tech and specialized infrastructure show growth.

China Reports 4.7% GDP Growth in H1 2026 as Second-Quarter Expansion Moderates to 4.3%
Official statistics show services and manufacturing supporting growth while real estate and construction continue to contract.

Horizon Robotics Faces a Critical Phase in Autonomous Driving Production
As competition intensifies in China's electric vehicle market, computing providers focus on scaling commercial delivery.

China's New Energy Heavy Truck Market Surges as Fleet Economics Shift
A reported 182% growth rate underscores changing cost calculations and regulatory pushes across commercial freight.

Animated Film 'Eight Immortals!' Reimagines Classic Myth for Modern Viewers
Pearl Studio's new animated feature blends ancient literary references with contemporary comedic elements in China's summer box office.

Media Report Highlights Profit Surge at Joinn Laboratories
Mainland media coverage points to a reported net profit increase of over 1,300 percent for the preclinical research organization, focusing attention on biological asset valuations.

Chinese Media Commentary Highlights A-Share Resilience and Expectations
A domestic financial report examines market sentiment and structural factors influencing China's equity market.

Xu Yang Steps Down as Anta Brand CEO, Ending Arc'teryx Replication Strategy
The leadership change marks the conclusion of a three-year effort to apply the high-end outdoor brand's playbook to Anta's main brand.